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    Creating winning SMEs and surviving in the midst of crisis: A conceptual framework by Nu‘man, A. Harits, Abdullah, Haim Hilman

    Published 2015
    “…Considering the study of Mathis and Jackson (2005); Trebuňa (2011) which states that the process of performance management system is comprised of employee‘s performance reward and improvement, measuring, evaluation, encouraging and identifying.The definition of performance management according to Auginis (2007) is an on going process of developing, measuring and identifying the performance of an individual and teams and then matches it to the organizational strategic goals.Grant (1996) advises that the analysis of organizational knowledge gives insight into the relationship between organizational capability and competitive advantage, and he sees organizational capability as the outcome of knowledge integration.Meanwhile John Whitmore in Coaching for Performance (1997) regarded performance management as performance is the implementation of functions that are required from an individual; performance is an act, an achievement, and a public exhibition of skill.Small and medium enterprises (SMEs) are considered to be the backbone of many economies and contribute greatly to a country‗s wealth (Lazányi 2014).Indeed, these enterprises represent an essential source of economic growth and development in advanced industrialized countries, just as they do in emergent economies (Robu 2013). …”
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